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we got no response, brian todd, cnn, washington. >>> and the fiscal cliff debt ceiling fight. >> for god's sake, i wouldn't wait until the last minute. we have had enough of this brinksmanship, this moving from crisis to crisis. >> i'll speak exclusively with irskin bowles, who chaired the panel that tried to head off this crisis. block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. . >>> congress went to the 11th how and then beyond before agreeing on a deal to keep the country from going over the fiscal cliff. the tax agreement was signed into law this week. but more cliffs lie ahead, including the very dangerous problem of raising the u.s. debt ceiling. and erskine bowles is joining us right now, part of the move to fix the cliff. part of the simpson-bowles commission, designed to deal with debt relief and debt reduction. erskine, thank you very much for joining us. >> thank you. >> how would you have voted for that fiscal relief legislation, had you been a member of the house or senate? >>
we got no response, brian todd, cnn, washington. >>> and the fiscal cliff debt ceiling fight. >> for god's sake, i wouldn't wait until the last minute. we have had enough of this brinksmanship, this moving from crisis to crisis. >> i'll speak exclusively with irskin bowles, who chaired the panel that tried to head off this crisis. block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn....
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Mar 2, 2013
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whether it was the debt ceiling or the fiscal cliff or whether it was the sequester or even the election of 2012, but send back a democratic and republican congress, and yet still neither side can get across the lines to do what polls show the public would support, some broad additional revenue. >> and by the way, they support it. the president says -- >> well, the republicans don't support further revenue, no net revenue. >> no, the republicans say they would support closing tax loopholes. >> only to cut rates. >> if it is in the context of lowering rates. so wait a minute, they both support closing loopholes in different context, they both support some kind of entitlement reform. what they can't figure out is how to get over this bump, right? how to get over this o-- forced spending cut issue. but in some grand bargain idea, which of course don't forget, the president and the speaker once almost got to, they first have to get to this. speaker boehner has to deal with the republican congress. >> the big deal is the republicans won't include further revenue. and that, i think is a produc
whether it was the debt ceiling or the fiscal cliff or whether it was the sequester or even the election of 2012, but send back a democratic and republican congress, and yet still neither side can get across the lines to do what polls show the public would support, some broad additional revenue. >> and by the way, they support it. the president says -- >> well, the republicans don't support further revenue, no net revenue. >> no, the republicans say they would support closing...
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Jan 4, 2013
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we'll have another debt ceiling fight. we may end up with something in total close to to what simpson-bowles proposed. >> i think that would be good for the frunt. austan, thanks so much. >>> they stay submerged for months at a time in tight quarters without even seeing the sun. serving on u.s. submarines is a new role for female sailors. we'll spend some time with one of them. bright students are getting lost in the shuffle. and administration's work gets more complex every year. when you look at these issues, do you see problems or opportunities? with an advanced degree in education from capella university, you'll have the knowledge to meet these challenges and make a difference in the lives of students. let's get started at capella.edu. >>> women in the military are definitely making strides under water. cnn's pentagon correspondent chris lawrence talks to an officer who's on track to become the navy's first female submarine commander. >> reporter: it's a new frontier for female sailors. submerged for months, no sun, no
we'll have another debt ceiling fight. we may end up with something in total close to to what simpson-bowles proposed. >> i think that would be good for the frunt. austan, thanks so much. >>> they stay submerged for months at a time in tight quarters without even seeing the sun. serving on u.s. submarines is a new role for female sailors. we'll spend some time with one of them. bright students are getting lost in the shuffle. and administration's work gets more complex every...
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votes on the debt ceiling and those spending cuts in the fiscal cliff are just around the corner. and they could, potentially, make or break some of the political careers of some of these potential candidates that we're watching. >> when the president says, and you know this, when the president says, i'm not even going to negotiate on raising the debt ceiling, you're just going to have to do it, a lot of republicans, kate, you know, you cover the hill -- >> are saying, okay, we'll talk about that, because that's not true. >> and part of this is about where the republican party is headed from here. there are sort of three paths ahead. one is the pragmatic route that the senate republicans took on the night they overwhelmingly voted in favor of it. there's the tea party republican route, which is, hey, wait a minute, we don't want to do any of this stuff, and then there's the mad as hell and i'm not going to take it anymore route that chris christie talked about today. and until we get some clarity on that, we're going to be watching all of these candidates very carefully. >> and ma
votes on the debt ceiling and those spending cuts in the fiscal cliff are just around the corner. and they could, potentially, make or break some of the political careers of some of these potential candidates that we're watching. >> when the president says, and you know this, when the president says, i'm not even going to negotiate on raising the debt ceiling, you're just going to have to do it, a lot of republicans, kate, you know, you cover the hill -- >> are saying, okay, we'll...
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cliff and the debt ceiling in 2011. so joe biden is not the one leading this charge. >> is that relationship between harry reid, the democratic leader, majority leader in the senate and joe biden that poisonous right now? >> their personal relationship is okay. forgive me, this is a testosterone test, if you will. harry reid is the leader of the senate, and he felt he was sold out, that joe biden came in and did his job. >> when he negotiated with mitch mcconnell. >> and the administration gave up too much in the view of some democrats in those negotiations. so harry reid's point is i'm the point person in the united states senate, respect my job, mr. president. i have had your back in a lot of fights. don't go around me or behind me. the problem is with zero trust, the president is betting that john boehner gets to the point where he sees the republicans getting most of the blame and perhaps the majority going away and he blinks. the speaker is betting on the fact that the president sees the prospect of default and eve
cliff and the debt ceiling in 2011. so joe biden is not the one leading this charge. >> is that relationship between harry reid, the democratic leader, majority leader in the senate and joe biden that poisonous right now? >> their personal relationship is okay. forgive me, this is a testosterone test, if you will. harry reid is the leader of the senate, and he felt he was sold out, that joe biden came in and did his job. >> when he negotiated with mitch mcconnell. >> and...
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Oct 11, 2013
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that's typically what you talk about around a debt ceiling and a c.r. so i think there was a little something from the president as to the kind of things he would be open about relative to the strength of our country fiscally. that was heartening to people who, like me, who have been involved in discussions around these issues for so long. my guess is i had dinner with some of the house members last night that were part of the meeting yesterday, i just think there's too much commonality here to keep an agreement from happening. look, i do think that in fairness, a c.r. and a debt ceiling ought to be worked out simultaneously. i don't think it makes a lot of sense to have them done separately and i think that's the general feeling on our side of the building, on the senate republican side. >> what will it take, senator, for you to pass simultaneously a clean bill as it's called in the house that will end the government shutdown and at the same time, extend the debt ceiling? what do you want from the president as part of that? i take it obama care is off
that's typically what you talk about around a debt ceiling and a c.r. so i think there was a little something from the president as to the kind of things he would be open about relative to the strength of our country fiscally. that was heartening to people who, like me, who have been involved in discussions around these issues for so long. my guess is i had dinner with some of the house members last night that were part of the meeting yesterday, i just think there's too much commonality here to...
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Sep 26, 2013
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. >> very quickly, remind us why the president as a senator voted against raising the debt ceiling. >> the president voted against raising the debt ceiling as a senator to make a point about what he believed were wrong fiscal priorities of that administration. what then senator obama never did was say i will vote to default if i don't get what i want. and that was part of a process where, as you know, because you have covered this, wolf, cycle after cycle, presidency after presidency, we saw the debt ceiling raised again and again without delay, without default, without drama, and without ever the threat that we would trash the world economy if one party didn't get what it wanted. it's just unprecedented and talk to business leaders. talk to business leaders who generally agree often with republicans and their priorities, and ask them if they think this strategy is good for america and good for our economy and good for the middle class. to a person, they'll say no. it's terrible. it cannot be the right way to go. what we have here is a faction of one house in congress driving an ideol
. >> very quickly, remind us why the president as a senator voted against raising the debt ceiling. >> the president voted against raising the debt ceiling as a senator to make a point about what he believed were wrong fiscal priorities of that administration. what then senator obama never did was say i will vote to default if i don't get what i want. and that was part of a process where, as you know, because you have covered this, wolf, cycle after cycle, presidency after...
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the debt ceiling vote, half the time we've had debt ceiling votes, we have attached to it something to bend the cost curve, try to put us back on the road to fiscal solvency. in fact, pay as you go, when your party was in the majority, was attached to the debt ceiling. graham rudman, the balanced budget act, the latest sequester, all attached to the debt ceiling. >> congressman, go ahead. >> let's end the filibuster and talk about reality. have you voted for farm subsidies? have you voted for farm subsidies? >> i don't believe in farm subsidies. you're changing the subject. >> no, here's the point i'm making. jeb, please let me make the point. please don't -- i have listened to your point and i respect your point, but that's the problem with washington. one side believes that they have all the absolutes and don't let the other side talk. so let me talk just for a moment. both parties have been on the floor of the house and both parties in fact have supported different kinds of investments and spending. your party in fact has led the fight to support spending for things like farm subsid
the debt ceiling vote, half the time we've had debt ceiling votes, we have attached to it something to bend the cost curve, try to put us back on the road to fiscal solvency. in fact, pay as you go, when your party was in the majority, was attached to the debt ceiling. graham rudman, the balanced budget act, the latest sequester, all attached to the debt ceiling. >> congressman, go ahead. >> let's end the filibuster and talk about reality. have you voted for farm subsidies? have you...
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Oct 14, 2013
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then the debt ceiling. they would increase that until february 15th. now, democratic sources i'm talking to say that that could slide but if you look at what's on the screen right now really quickly, if you can put it back up, the whole idea of the give and take starting with the end, the debt ceiling, democrats gave on that. they did not want to keep the debt ceiling -- they wanted to lift the debt ceiling through the rest of the year, through the election. they're giving in on that. then with regard to funding of the government, republicans are giving in on that. they wanted to have a deal to fund the government through maybe even a year. why did they want to do that? because it would lock in place forced spending cuts that democrats don't like. then the last thing i wanted to tell you about are obama care provisions. there are some potential obama care provisions in this. they're not big, but they're there. first of all, income verification for those getting obama care subsidies. we are told that that is something that republicans very much wanted,
then the debt ceiling. they would increase that until february 15th. now, democratic sources i'm talking to say that that could slide but if you look at what's on the screen right now really quickly, if you can put it back up, the whole idea of the give and take starting with the end, the debt ceiling, democrats gave on that. they did not want to keep the debt ceiling -- they wanted to lift the debt ceiling through the rest of the year, through the election. they're giving in on that. then with...
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ceiling. the sequester, it really aims at the wrong side of the problem. the long-term challenge is entitlements, the sequester is fundamentally about discretionary spending, from a fiscal hawk point of view it doesn't get to the issue. >> what you say, ron, revenue, additional tax increases? >> from a -- tactical point of view, the democrats are putting themselves in the position by not getting everything they want. asking the republicans to come back and asking for a second tax increase is asking for a lot, politically. >> what about that dana? >> absolutely, the moment the deal was struck on new year's eve or new year's day, kind of a blur, republicans came out and said if the democrats think they will get anymore tax increases they're living on mars. it is not going to happen. it is it, we're done, not going to happen. you're exactly right, we're done. what is so fascinating, making people frustrated with washington right now is exactly what you said, ron, the whole point of the sequester
ceiling. the sequester, it really aims at the wrong side of the problem. the long-term challenge is entitlements, the sequester is fundamentally about discretionary spending, from a fiscal hawk point of view it doesn't get to the issue. >> what you say, ron, revenue, additional tax increases? >> from a -- tactical point of view, the democrats are putting themselves in the position by not getting everything they want. asking the republicans to come back and asking for a second tax...
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Jan 10, 2013
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cliff, going head to head soon once again over the budget and debt ceiling who he wants in the corner nominating his white house chief of staff jack lew as the next treasury secretary. he srveed as budget director for both presidents obama and clinton. the president praised jack lew for being a low-key guy and hinted to congress he wants lew to get started as soon as possible. >> jack has my complete trust. i know i'm not alone in that. having lew on your team is equivalent of a coach of having the luxury of putting somebody at any position and do well. i could not agree more. so i hope the senate will confirm him as quickly as possible. >> the president may not necessarily get his wish for a quick confirmation. lew is publicly classed with republicans over the budget. the wall street journal editorial page referred to him as a yes man. ali velshi and i spoke with steven moore about why his newspaper is no fan of lew's. >> we were very critical of him in our editorial this morning, wolf, for a couple of reasons. look, we kind of were hoping that this would be kind of a new start for t
cliff, going head to head soon once again over the budget and debt ceiling who he wants in the corner nominating his white house chief of staff jack lew as the next treasury secretary. he srveed as budget director for both presidents obama and clinton. the president praised jack lew for being a low-key guy and hinted to congress he wants lew to get started as soon as possible. >> jack has my complete trust. i know i'm not alone in that. having lew on your team is equivalent of a coach of...
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debt ceiling. erskine bowles is joining us right now. he's the co-founder of the organization called fix the debt, which is obviously something very important. former white house chief of staff under president bill clinton and the co-sponsor of the simpson/bowles commission designed to deal with debt relief and deficit reduction. erskine bowles, thank you for joining us. >> thank you, wolf. glad to be with you. >> first of all, had you been a member of the house or the senate, how would you have voted for the fiscal relief legislation? >> look, i would have voted for it. you know, i think going over the cliff would have been an economic disaster for the country. it was too much too quick, too abruptly and if you look at the cuts that were, you know, in the sequester, they are all in the discretionary items. none of them deal with the items to slow the rate of growth and that's the entitlement programs and it did generate a little bit of revenue for the country, about $600 billion worth. i would have voted for it. it was a step in the rig
debt ceiling. erskine bowles is joining us right now. he's the co-founder of the organization called fix the debt, which is obviously something very important. former white house chief of staff under president bill clinton and the co-sponsor of the simpson/bowles commission designed to deal with debt relief and deficit reduction. erskine bowles, thank you for joining us. >> thank you, wolf. glad to be with you. >> first of all, had you been a member of the house or the senate, how...
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i think the debt ceiling, which i also asked nancy pelosi about, will be really interesting because as far as they're concerned they're sticking with the president's position chrks is by the way we're not going to negotiate. but when you say but lots of presidents have negotiated around a debt ceiling as one of the -- >> what did she say? >> she said, well, the cupboard is bare. there's nothing left to deal with. no more spending cuts. >> there may be some flexibility. >> i think so. >> also an opening move, obviously. you don't want to put all your cards out. >> you're speaking with republicans, obviously there's friction among republicans. and ted cruz, the senator from texas, you hear his name. >> i think some republicans dislike ted cruz more than they dislike nancy pelosi at this point. what's going on the backstory behind all this, wolf, is that they were home in their districts this summer and this grass roots movement started by ted cruz, and he's in some of these ads, is complaining that the party has not fought obama care enough. so these republicans feel up against the wall.
i think the debt ceiling, which i also asked nancy pelosi about, will be really interesting because as far as they're concerned they're sticking with the president's position chrks is by the way we're not going to negotiate. but when you say but lots of presidents have negotiated around a debt ceiling as one of the -- >> what did she say? >> she said, well, the cupboard is bare. there's nothing left to deal with. no more spending cuts. >> there may be some flexibility....
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Jan 22, 2013
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horns over the debt ceiling. immigration reform. the president said he'd take that on in his first term, didn't get around to it. now he says he'll take it on, but that's still a divisive issue. gay rights. the president did repeal don't ask, don't tell, and later in his term said he's in favor of gay marriage, but said basically this is a state's issue, not a federal issue. if he's going to make it federal now, people are going to have some arguments about that. renewable energy sources. the president has pushed a lot of money towards this. he wants to keep pushing money that way. his critics are going to argue, as they have all along, we're not seeing much for that money. and of course, gun control. that's incredibly heated at the moment. we don't know how the that will fare, but there will be an awful lot of harsh words on what can be done and what might work. five issues he will argue about with not only the republicans as he goes back to work, but maybe democrats too. and i want to show you why. look at this
horns over the debt ceiling. immigration reform. the president said he'd take that on in his first term, didn't get around to it. now he says he'll take it on, but that's still a divisive issue. gay rights. the president did repeal don't ask, don't tell, and later in his term said he's in favor of gay marriage, but said basically this is a state's issue, not a federal issue. if he's going to make it federal now, people are going to have some arguments about that. renewable energy sources. the...
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Feb 5, 2013
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cliff, pushed back the debt ceiling issue so that they can breathe a little bit and try and move away from just these fiscal sues. now on the horizon there are lots of house republicans, particularly younger ones, who say let's cut the defense budget, let those automatic spending cuts take place, and there are lots of senior republicans who say, not so fast. so that's going to be a problem within the republican party as we look ahead. >> where does karl rove and his new super pac fit into that? >> did you ever think republicans would call him a rhino, republican in name only. here you go. i've always thought of karl rove as a conservative. what's going on is his pac has said, you know what, we are tired of someone associated with his pac said to me, quote, the novelty of losing elections has worn off, and what they've decided to do is to start putting their money in primaries. they want to vet republican primary candidates so that by the time they get to the general election they believe they have qualified vetted candidates who can actually win. conservatives are saying, this is not
cliff, pushed back the debt ceiling issue so that they can breathe a little bit and try and move away from just these fiscal sues. now on the horizon there are lots of house republicans, particularly younger ones, who say let's cut the defense budget, let those automatic spending cuts take place, and there are lots of senior republicans who say, not so fast. so that's going to be a problem within the republican party as we look ahead. >> where does karl rove and his new super pac fit into...
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particularly on these fiscal matters, he did run the office of budget during the debt ceiling negotiations and i remember from covering those debt ceiling noish ags that republicans didn't like him very much, wolf. some of them said to me that jack lew kept moving the goal posts on them. yes, there will be opposition. for chuck hagel, no. i believe in the end jack lew will get confirmed. but i'll tell you this, the reason the white house put off the announcement of jack lew until tomorrow is because of the fiscal cliff. they didn't want it to get involved in the negotiations for the fiscal cliff. they felt that they already had a fight on their hands. they didn't want to add any fuel to the fire on that, which is why they've held off of the nomination until this week. they do expect him to get confirmed and so do i. >> john kerry, secretary of state. we've got a lot of white males, shall we say, chuck hagel, we have pictures up there. jack lew, eric holder is over at the justice department. he's not a white male. he's an african-american. but no women. >> men. men. >> i want to put up anot
particularly on these fiscal matters, he did run the office of budget during the debt ceiling negotiations and i remember from covering those debt ceiling noish ags that republicans didn't like him very much, wolf. some of them said to me that jack lew kept moving the goal posts on them. yes, there will be opposition. for chuck hagel, no. i believe in the end jack lew will get confirmed. but i'll tell you this, the reason the white house put off the announcement of jack lew until tomorrow is...
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. >> if you think this is a big fight, wait until the debt ceiling comes back. >> i think lessons in cliff lessons and rock climbing, because that's what we're going to be dealing with. >> a genital fiscal slope. >> guys, thanks very much. >> thanks, wolf. >>> we're also following other news, including hillary clinton's condition. we'll have the latest on her blood clot and when she could be released from the hospital and what it could mean for her political future. stand by. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. [heart beating] [heartbeat continues] [heartbeat, music playing louder] ♪ i'm feeling better since you know me... ♪ announcer: this song w
. >> if you think this is a big fight, wait until the debt ceiling comes back. >> i think lessons in cliff lessons and rock climbing, because that's what we're going to be dealing with. >> a genital fiscal slope. >> guys, thanks very much. >> thanks, wolf. >>> we're also following other news, including hillary clinton's condition. we'll have the latest on her blood clot and when she could be released from the hospital and what it could mean for her...
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Feb 25, 2013
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when the debt ceiling was hanging over their heads, that meant, uh-oh, the faith full and credit of the united states government was hanging over their heads. we had to be able to pay our bills. that couldn't happen. what's hanging over their held, now? first of all, this is not a natural disaster. this is a manmade disaster which they all made. and what's hanging over their heads? budget cuts. which, by the way, a lot of democrats like to see those big budget cuts on the pentagon. a lot of republicans would like to see those budget cuts on some domestic spending. so what's hanging over their heads right now is not as awful as the last couple of times we went around this. and so i think that's why john's right. that's why they're going to end up having this problem. >> how about pride? how about that has beening ov i their head? they work in a government that at least can do its most basic function and pass a budget? they work in a government and not a circus. how about pride in that? >> that would be good. you saw the article bob woodward had in "the washington post" this weekend. sayi
when the debt ceiling was hanging over their heads, that meant, uh-oh, the faith full and credit of the united states government was hanging over their heads. we had to be able to pay our bills. that couldn't happen. what's hanging over their held, now? first of all, this is not a natural disaster. this is a manmade disaster which they all made. and what's hanging over their heads? budget cuts. which, by the way, a lot of democrats like to see those big budget cuts on the pentagon. a lot of...
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Jan 8, 2013
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there's going to be another huge fight in the coming weeks over raising the nation's debt ceiling. there's going to be a battle between john boehner and mitch mcconnell. here's a washington post poll that just came out. do you approve of the budget negotiations to avoid the fiscal cliff were handled? 52% agree with the president handled and only 31%, john boehner. ari, who has more political capital going into this next round? >> well, on a poll like that, john boehner is not known by 100% of the country. so it's not as indicative of that poll. the president is more popular than the congress and the president has more leverage than the congress does. at the end of the day, though, we're all in one nation and have to do something about this debt to save our children from it being such a burden. that still requires everyone to come together. no matter how you slice it, the republican hand is a weaker one, the president's is a stronger one. >> does he have any hand right now when it comes to raising the nation's debt ceiling? i'm talking about john boehner and the republicans giving t
there's going to be another huge fight in the coming weeks over raising the nation's debt ceiling. there's going to be a battle between john boehner and mitch mcconnell. here's a washington post poll that just came out. do you approve of the budget negotiations to avoid the fiscal cliff were handled? 52% agree with the president handled and only 31%, john boehner. ari, who has more political capital going into this next round? >> well, on a poll like that, john boehner is not known by...